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Business & Investments

Convergence Partners in a buyout of the Datacentrix Group

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Convergence Partners in a buyout of the Datacentrix Group

17 January 2024, Dubai-UAE – Convergence Partners today announced that its Convergence Partners Digital Infrastructure Fund (CPDIF) has entered into a definitive agreement with Alviva Holdings Limited to acquire 100% of Datacentrix Group. The acquisition is alongside the existing Datacentrix management team that has successfully led the company for over 20 years.  Alviva is exiting Datacentrix pursuant to its delisting from the JSE in early 2023, to focus on its core operations in hardware distribution. Terms of the transaction were not disclosed.

The transaction aligns with the CPDIF’s strategy of investing in high growth companies that are leading champions in their field with strong management teams and deep customer and vendor relationships. 

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Sports & Recreations

Jamie Overton excited to work with young UAE stars as Adani Sportsline-owned Gulf Giants begin ILT20 season 2

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Jamie Overton excited to work with young UAE stars as Adani Sportsline-owned Gulf Giants begin ILT20 season 2

Dubai, 17 January 2024: Jamie Overton understands the pressures of retaining a trophy as big as the International League T20, but the English all-rounder is confident about the Adani Sportsline-owned Gulf Giants’ prospects in the second edition of the tournament, which commences on January 19 with a clash against his team and the Sharjah Warriors.

Jamie Overton of Gulf Giants

Speaking to the media ahead of the tournament, Overton shared his enthusiasm at the prospect of returning to action for the Adani Sportsline-owned team and helping them to the title once again, this time as defending champions. “The pressure is always there in whatever tournament you’re playing because you’re expected to win all the time. You have to deal with this pressure. Normally, the teams that win such competitions are the teams that do the basics very well. That means hitting the top of the off stump and nailing your skills as a bowler,” he said.

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Technologies

Inspire your Creativity: HUAWEI Launches GoPaint Worldwide Creating Activity

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Inspire your Creativity: HUAWEI Launches GoPaint Worldwide Creating Activity

Pre-orders for the thinnest and lightest tablet – the HUAWEI MatePad Pro 13.2” now open in theUAE

Dubai, UAE, January 17, 2024 – Today, Huawei officially kicked off theHUAWEI GoPaint Worldwide Creating Activity. From 5January 2024 to 29February 2024, participants can showcase their digital art skills in anonline activitythat embodies Huawei’s commitment to fostering creativity. The HUAWEI GoPaint Worldwide Creating Activityisa platform for creative individuals or anyone passionate about creating. With Huawei tablets designed to deliver delightful creative features, the activity aims to inspire creativity and empower more people to engage in artistic pursuits and to bring to life the concept of ‘Creation of Beauty’.

HUAWEI GoPaint Aims to Spark Creativity, Offers Exciting Prizes

Recently, Huawei elevated the creative experience with the release of the HUAWEI MatePad Pro 13.2”, the ultimate tablet for creativity. It features a flexible OLED screen and an ultra-thin and lightweight design, with a stunning 94% screen-to-body ratio[1]. Paired with the HUAWEI M-Pencil (3rd generation), which offers 10,000+ pressure sensing levels[2], the tablet enables mastery over a variety of artistic styles. Designed for creative minds, the HUAWEI MatePad Pro 13.2” ensures that your artistic vision is captured with unmatched precision and ease.

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Business & Investments

Mastercard partners with CarbonSifr to advance climate action in MENA region

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Mastercard partners with CarbonSifr to advance climate action in MENA region

Dubai, UAE; 16 January 2024: Mastercard has signed a memorandum of understanding (MoU) with CarbonSifr, a UAE-based climate tech company, to explore opportunities to accelerate climate action in the MENA region. The two partners will support small and medium enterprises (SMEs) with climate awareness and carbon footprint measurement initiatives, and enable players in the broader ecosystem to embed climate action into their payment processes with local data.

The innovation-driven partnership aims to equip small businesses in the region with innovative tools to measure, reduce and compensate for their carbon footprint.

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Business & Investments

Investment Corporation of Dubai Reveals New Visual Identity

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Investment Corporation of Dubai Reveals New Visual Identity
 
Dubai – 16 Jan 2024 – Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai, has revealed a rebrand of its visual identity incorporating a new logo.
 
Going forward, the Corporation will be known by its acronym ‘ICD’, with its visual identity reflecting its dynamism and evergreen commitment to the pursuit of growth, development, and excellence. The change further signals ICD’s preparedness to adapt to the ever evolving global investment landscape.

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